Editor-in-Chief

Michael Phoch
20 years of experience in mass media

Legislation with binding measures needed to stop EU-driven global deforestation

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858 views

EU consumption represents around 10 % of global deforestation Voluntary initiatives have failed to halt deforestation Traceability obligations for companies on the EU market must be set up Since 1990, forests covering an area larger than South Africa have been lost Parliament calls on the Commission to put forward rules to stop EU-driven global deforestation

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Pandemic Persistence Clouds Latin America and Caribbean Recovery

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1412 views

COVID-19 has hit Latin America and the Caribbean harder than other parts of the world, both in human and economic terms. The relatively large human toll is evident: with only 8.2 percent of the world population, the region had 28 percent of cases and 34 percent of deaths, by end-September. Our new Regional Economic Outlook: Western Hemisphere projects

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Federal Reserve Board fines the Goldman Sachs Group, Inc. $154 million for failure to maintain appropriate oversight, internal controls, and risk management with respect to 1Malaysia Development Berhad

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1254 views

The Federal Reserve Board on Thursday announced it has fined the Goldman Sachs Group, Inc. $154 million for the firm’s failure to maintain appropriate oversight, internal controls, and risk management with respect to Goldman’s involvement in a far-reaching scheme to defraud a Malaysian state-owned investment and development company, 1Malaysia Development Berhad (1MDB). In 2012 and

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